Scale of the funding challenge that local councils are facing in the medium-term future - Find a freedom of information request

The request relates to the council's whole budget and any council wide funding gap that it may have. 

1.     What is your current predicted funding gap by the end of the financial year 2025/2026?

2.     What is your current predicted net revenue budget for the financial year 2025/2026?

3.     What is your current predicted cumulative funding gap by the end of the financial year 2026/2027?  (the total combined predicted funding gap of the financial years 2025/2026 and 2026/2027)

4.     What is your current predicted net revenue budget for the financial year 2026/2027?

The 2024/2025 budget book can be found in the link below: https://lincolnshire.moderngov.co.uk/documents/b24794/Item%207%20Appendix%20A%20- %20Budget%20Book%202024-25%2023rd-Feb-2024%2010.00%20Council.pdf?T=9

The information can all be found on page 94.

1. £7.1 million to be funded by use of reserves

2. £656.6 million

3. £13.4 million, total use of reserves for 2025/2026 and 2026/2027

4. £678.1 million